Robert Allan Schwartz's dividend growth company information web site
This is a site that provides dividend growth company information.
I believe the most important piece of information I provide here is the
compound annual growth rate (CAGR) for each company.
As far as I know, this piece of information is not available anywhere
on the Internet.
Read about the definition of CAGR,
and see the formula that I use to compute it for each company.
Here's an example to help understand the concept of CAGR:
Suppose company ABC pays the following dividends for the following years:
Year 1: $ 1.00000
Year 2: $ 1.98000 ($ 0.98000 increase) ( 98.000% increase)
Year 3: $ 2.50000 ($ 0.52000 increase) ( 26.263% increase)
Year 4: $ 3.14000 ($ 0.64000 increase) ( 25.600% increase)
Year 5: $ 3.23000 ($ 0.09000 increase) ( 2.866% increase)
Year 6: $ 3.71000 ($ 0.48000 increase) ( 14.861% increase)
Year 7: $ 4.42000 ($ 0.71000 increase) ( 19.137% increase)
Year 8: $ 5.03000 ($ 0.61000 increase) ( 13.801% increase)
Year 9: $ 5.37000 ($ 0.34000 increase) ( 6.759% increase)
Year 10: $ 6.02000 ($ 0.65000 increase) ( 12.104% increase)
Year 11: $ 6.67000 ($ 0.65000 increase) ( 10.797% increase)
Year 12: $ 6.75000 ($ 0.08000 increase) ( 1.199% increase)
Year 13: $ 7.39000 ($ 0.64000 increase) ( 9.481% increase)
Year 14: $ 7.99000 ($ 0.60000 increase) ( 8.119% increase)
Year 15: $ 8.27000 ($ 0.28000 increase) ( 3.504% increase)
Although the dividend increases each year, the amount and percent
of the increase varies each year.
The CAGR allows us to "smooth" out the percentages of the increases,
which would have looked like this had the percentages been constant:
Year 1: $ 1.00000
Year 2: $ 1.16288 ($ 0.16288 increase) ( 16.288% increase)
Year 3: $ 1.35230 ($ 0.18941 increase) ( 16.288% increase)
Year 4: $ 1.57256 ($ 0.22027 increase) ( 16.288% increase)
Year 5: $ 1.82871 ($ 0.25614 increase) ( 16.288% increase)
Year 6: $ 2.12657 ($ 0.29787 increase) ( 16.288% increase)
Year 7: $ 2.47296 ($ 0.34638 increase) ( 16.288% increase)
Year 8: $ 2.87576 ($ 0.40280 increase) ( 16.288% increase)
Year 9: $ 3.34417 ($ 0.46841 increase) ( 16.288% increase)
Year 10: $ 3.88888 ($ 0.54471 increase) ( 16.288% increase)
Year 11: $ 4.52232 ($ 0.63343 increase) ( 16.288% increase)
Year 12: $ 5.25893 ($ 0.73661 increase) ( 16.288% increase)
Year 13: $ 6.11552 ($ 0.85659 increase) ( 16.288% increase)
Year 14: $ 7.11163 ($ 0.99612 increase) ( 16.288% increase)
Year 15: $ 8.27000 ($ 1.15837 increase) ( 16.288% increase)
Note that the dividends paid in the first and last years are the same
as they were above.
I believe this gives us a useful metric with which to compare various
For example, to compare the CAGR's of dividend companies from (let's say)
1982 to 2012, click here.
All of the companies that I'm covering (see next paragraph),
who had a positive CAGR between 1982 and 2012,
are rank-ordered on that page.
I've chosen to cover the companies in Dividend4Life's list of companies.
His list is available here.
I've chosen to cover the companies in David Fish's lists of Dividend Champions, Contenders, and Challengers.
His current lists are available here.
Older versions of his lists are available here.
The first year used in this site is 1962, the first year for which
any of the companies I cover have a positive compound annual growth rate.
Clearly not all companies have been paying dividends for all that time.
The last year used in this site is 2012, the last full calendar year.
I update the web site each January. I do not update the web site during the year.
All pages in this site have navigation links that look like this:
Dividend compound annual growth rates by year
Which companies pay dividends in which month?
Which companies pay dividends at which frequency?
Which companies have paid dividends for how many years?
Which companies have increased their dividends by at least X% per year over the most recent Y years?
Which eps compound annual growth rates have which bumpiness?
Which dividend compound annual growth rates have which bumpiness?
Which companies have which dividend bumpiness?
Which sectors and industries have which dividend bumpiness?
Copyright @ 2013 by Robert Allan Schwartz.
Reproduction prohibited. All rights reserved.